Canadian Western Bank (CWB) Stock Price, News & Analysis

Company Overview

Canadian Western Bank is a diversified financial service organization providing banking, trust, and wealth management services. The group operates through a number of subsidiaries providing different areas of financial services. Canadian Western Bank offers business banking services including general commercial banking, equipment financing and leasing, real estate financing, and other services for small- and medium-sized companies, as well as personal banking services including chequing and savings accounts, loans, mortgages, and investment products. Canadian Western Trust is engaged in retirement, trustee, and custodial solutions for financial advisors, corporations, and individuals. The company receives maximum revenue from interest income.

Key Stats

• Today's Range: C$58.78 to C$59.23
• 50-Day Range: C$55.59 to C$61.69
• 52-Week Range: C$24.66 to C$61.81
• Volume: 105,596 shs
• Average Volume: 369,389 shs
• Market Capitalization: C$5.69 billion
• P/E Ratio: 19.74
• Dividend Yield: 2.38%
• Price Target: C$54.83
• Consensus Rating: Hold

Canadian Western Bank Stock Analysis - MarketRank™

Canadian Western Bank scored higher than 14% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Canadian Western Bank has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Canadian Western Bank has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Canadian Western Bank is 19.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.10.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canadian Western Bank is 19.74, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 421.27.

Price to Earnings Growth Ratio

Canadian Western Bank has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Canadian Western Bank has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CWB.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Canadian Western Bank pays a meaningful dividend of 2.55%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Canadian Western Bank does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Canadian Western Bank is 46.98%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CWB.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.36

News Sentiment

Canadian Western Bank has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for Canadian Western Bank this week, compared to 2 articles on an average week.

Search Interest

5 people have searched for CWB on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Canadian Western Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Canadian Western Bank insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.46% of the stock of Canadian Western Bank is held by insiders.

Percentage Held by Institutions

Only 30.58% of the stock of Canadian Western Bank is held by institutions.

CWB Stock Analysis - Frequently Asked Questions

How have CWB shares performed this year?

Canadian Western Bank's stock was trading at C$30.87 on January 1st, 2024. Since then, CWB stock has increased by 90.5% and is now trading at C$58.82.
View the best growth stocks for 2024 here.

How were Canadian Western Bank's earnings last quarter?

Canadian Western Bank (TSE:CWB) issued its quarterly earnings results on Thursday, June, 1st. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.02. The company had revenue of $172.44 million for the quarter, compared to analyst estimates of $169 million. Canadian Western Bank had a net margin of 29.23% and a trailing twelve-month return on equity of 7.51%.

How do I buy shares of Canadian Western Bank?

Shares of CWB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Canadian Western Bank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Western Bank investors own include Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Enbridge (ENB), Canadian Imperial Bank of Commerce (CM), Royal Bank of Canada (RY), TELUS (T) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 6/01/2017
• Ex-Dividend for 9/26 Dividend: 9/12/2024
• Dividend Payable: 9/26/2024
• Today: 12/24/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Banks - Regional
• Sub-Industry: N/A
• Current Symbol: TSE:CWB
• CUSIP: N/A
• CIK: N/A
• Web: www.cwbank.com
• Phone: +1-780-4238888
• Fax: N/A
• Employees: 2,454
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$54.83
• High Stock Price Target: C$63.50
• Low Stock Price Target: C$30.00
• Potential Upside/Downside: -6.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.30
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$2.98
• Trailing P/E Ratio: 19.74
• Forward P/E Ratio: 16.09
• P/E Growth: 2.95
• Net Income: C$282.53 million
• Net Margins: 29.23%
• Pretax Margin: N/A
• Return on Equity: 7.51%
• Return on Assets: 0.73%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$1.06 billion
• Price / Sales: 5.37
• Cash Flow: C$5.76 per share
• Price / Cash Flow: 10.20
• Book Value: C$41.89 per share
• Price / Book: 1.40

Miscellaneous

• Outstanding Shares: 96,690,000
• Free Float: N/A
• Market Cap: C$5.69 billion
• Optionable: Not Optionable
• Beta: 1.39